Davis Polk advised N.V. Bank Nederlandse Gemeenten in connection with the annual update of its €100 billion Rule 144A/Regulation S debt issuance program. In the 12 months prior to the update, Davis Polk advised BNG Bank in connection with senior notes issuances totaling $6.1 billion.

BNG Bank is a specialized lender to local and regional authorities as well as to public-sector institutions such as utilities, housing, health care, welfare and educational institutions, and is the largest public-sector lender in the Netherlands and the principal bank for the Dutch public sector in terms of loans, advances and inter-governmental money transfers.

The Davis Polk corporate team included partner Reuven B. Young, counsel Connie I. Milonakis and associate Ida Araya-Brumskine. Partner John D. Paton, counsel Alon Gurfinkel and associate Omer Harel provided U.S. tax advice. Counsel Sarah E. Kim and associate Preeti Krishnan provided 1940 Act advice. The members of the Davis Polk team are based in the London and New York offices. 

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